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2olooss�� lfiere may be only one designated natice address under this Security Instrument at any one time. Any notice to T.ender shall be giv�n by delivering it or by �nailing it by �rst class mail to l.ender's address stated herein unless Lend�r has designated another address by notice to Borrower. Any notice in connection with this Security Instnunent shall not be deemed to have been given to I.ender until actually received by Lender. Tf any natice required by this Security Instnument is also required under Applicable Law, the Applicable Law requi:rem.ent will satisfy the corresponding requirernent under this Security Instrurnent. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governetl by federal law and the law of the jurisdictian in which the Property is located. All rights and abligations contained in this Security Instrument are subject to any requirements and limitations of Applicable I..aw. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall noC be construed as a prohibition against agreement by cantract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such contlict shall not affect other provisions of this Security Instnunent or the Note which caxa be given effect without the conflicting provision. As used in this Se�urity Instnunent: (a) wards of the masculine gender shall rrvean and incl�e corresponding neuter wards or words of the feminine gender; (b) words in the singulaz shail mean and include the plural and vice versa; and (c) the word "may" gives sale discretion without any obligation to take any action. 17. Borrower's Copy. Borrawer shall be given one copy of the Note and of this Security �ast�axt. 18. Transfer of the Property or a Bene�cial Interest in Borrower. As used in this Section 18, "Interest in the Property" rneans any legal or beneficial interest in the Property, including, but nat lirnited to, those beneficial interests transferred in a bond for dced, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Tnterest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without L.ender's prior written consent, T ender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If T.Jender exercises this option, I.,ender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days frorn the date the notice is given in accordance with Section 15 within which Borrower must pay all surns secure�i by this Security Instnunent. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument withaut further notice or demand on Banower. 19. Borrower's Right ta Reinstate After Acceleration. If Borrower meets certain candi�ions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days befare sale af th� Praperty pursuant to any power of sale contai��ed in this Security Instnunent; (b) such other period as Applicable J.,aw rnight specify for the terminaiirnx of Borrower's right to xeinstate; or (c) entry of a judgment enforcing this Security Ins�. Ti�ase conditions are that Bor,rower: (a) pays Lender all surns which then would be due under this Sec�ity Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other cov�sa�s ur agreernents; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting J..,ender's interest in the Froperty and rights under this Security Instrument; and (d) takes such action as T..ender may reasoz�ably require to assure that Lender's interest in the Property and rights undex this Secu�ity Instrument, and Borrower's obligation to pay the swns secured by this Security Instrument, shall continue unchanged. �,ender may require that Borrower pay such reinstatement sums and expenses in one or xnore of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby NEBRASKA - Singie Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) roat �J raqe � i of 15 in�t�eis: Form 3028 1/01 � � � � �